Modi Granites Private Limited - Due diligence report

A 360° intelligence report on Modi Granites: trust score, financial health, credit view, compliance, directors, growth and distress signals …

2012-02-14 Bangalore, Karnataka Active Unlisted Active Compliant
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MG Modi Granites Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Modi Granites — 360° Intelligence Report

Generated from MCA filings & public records
89/100
Trust Score
Low Risk

Modi Granites is assessed as Low Risk with a Trust Score of 89/100. Modi Granites is an active private limited indian non-government company incorporated in 2012, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Modi Granites Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
89/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 10 open (64.95 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Indian Overseas Bank6 48.0 cr
Hdfc Bank Limited3 48.0 cr
Others1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SATISH KUMAR MODI 01234567 Director 01/04/2018 6 yrs Approved
RITESH KUMAR MODI 01234567 Director 01/04/2018 6 yrs Approved
GAURAV MODI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: SATISH KUMAR MODI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 90
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 14+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
10 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence91/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 10 open charge(s) of 64.95 cr already registered.
  • Compliance record supports lending.
Investor view78/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
28 Oct 2025
Charge created
Hdfc Bank Limited - 9.15 Lakh
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Feb 2025
Charge created
Hdfc Bank Limited - 24.78 cr
03 Jan 2024
Charge created
Indian Overseas Bank - 9.59 Lakh
11 Aug 2023
Charge created
Indian Overseas Bank - 1.00 cr
16 Mar 2023
Charge created
Indian Overseas Bank - 2.81 cr
29 Mar 2022
Charge created
Indian Overseas Bank - 1.50 cr
27 Apr 2021
Charge created
Hdfc Bank Limited - 6.41 Lakh
31 Aug 2017
Charge created
Indian Overseas Bank - 33.50 Lakh
31 Dec 2016
Director ceased
RASHMI MODI
Director ceased
SHILPA SAWARTHIA
29 Oct 2015
Charge created
Others - 9.00 Lakh
28 Nov 2014
Charge created
Indian Overseas Bank - 34.18 cr
24 Mar 2014
Securities allotted
1016000.00 Equity Shares - 1.02 cr raised
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Orient Fire Curtains India Private Limited U74140DL2012PTC246735 Delhi, Delhi, India
Gemlite Manufacturing Private Limited U36911MH2010PTC202359 Mumbai, Maharashtra, India
Skylark Cmc Private Limited U51909GJ1980PTC003987 Na, Gujarat, India
Jyoti Dhaga Udyog Private Limited. U17121DL2006PTC148733 New Delhi, Delhi, India
Aaditya Diamgold Private Limited U52190GJ2013PTC074232 City Taluka, Gujarat, India
J J Pump Private Limited U29120TZ2010PTC015992 Annur, Tamil Nadu, India
Nelco Athletics U65921UP1962PTC002876 Uttar Pradesh, Uttar Pradesh, India
Bhalla Sports Private Limited U35121UP1988PTC009630 Meerut, Uttar Pradesh, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Modi Granites before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Modi Granites: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Modi Granites - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 89/100, distress signals and MSME payment-delay disclosures - know whether Modi Granites pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Modi Granites - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Modi Granites an active company?

Modi Granites has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Modi Granites financially healthy?

Modi Granites has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Modi Granites?

Its overall Trust Score is 89/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Modi Granites?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Modi Granites have loans or charges against its assets?

10 open charge(s) are registered against its assets.

Is Modi Granites up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Modi Granites?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.